The Dow's Record Breaking Monthly Winning Streak Has Come To An End

The Dow Jones Industrials Index (DJIA) was down 380 points today. In fact this is the second consecutive 300 point drop we've had in the Dow you know the Dow now is down about 4% for the month of February which just came to an end today and that also means the Dow's record-breaking monthly winning streak has also come to an end remember the Dow has been up every month since Donald Trump was elected president including every single month in calendar year 2017 that is something that has never happened in the history of the stock market.

Related trading instruments: 

• SPDR Dow Jones Industrial Average ETF (DIA)
• iShares Russell 2000 Index ETF (IWM)
• SPDR S&P 500 Index ETF (SPY)
• Nasdaq 100 Index ETF (QQQ)

Interest Rates Are Going a Lot Higher

Related trading instruments: 

• iShares Barclays 20+ Year Treasury Bond ETF (TLT)
• 10- year U.S. Treasuries, SPDR S&P 500 Index ETF (SPY)
• SPDR Dow Jones Industrial Average ETF (DIA)
• iShares Russell 2000 Index ETF (IWM)
• Nasdaq 100 Index ETF (QQQ)

Gold Needs To Clear Overhead Resistance

We got above $1350 last week but we couldn't hold it. I think we really need to go above $1400 to really clear away this overhead resistance the only trend that really continued was the bond market continuing to go down it's pretty much a daily affair.

Related trading instruments: 

• Market Vectors Gold Miners ETF (GDX)
• Market Vectors Junior Gold Miners ETF (GDXJ)
• iShares Silver ETF (SLV)
• SPDR Gold Trust ETF (GLD)

Stock Market: The Dance That We're Doing

Why didn't the stock market follow the bond market down? Of course it's because the stock market didn't follow the bond market down that the bond market kept falling and if the stock market doesn't fall then the bond market will keep falling and interest rates will keep rising until it does (make the stock market go down), that is the dance that we're doing.

Related trading instruments: 

• SPDR S&P 500 Index ETF (SPY)
• Nasdaq 100 Index ETF (QQQ)
• SPDR Dow Jones Industrial Average ETF (DIA)

Inflation Is Good For Gold

A $12 decline (in gold prices) turned into a $25 rally what is that showing that as the idiot morons robotic sellers when they see higher than expected inflation sell the dollar people who use their brains are starting to dip to think and actually come into the market and say wait a minute I don't care what these algorithms or computer programs say inflation is good for gold.

Related trading instruments: 

• SPDR Gold Trust ETF (GLD)
• Market Vectors Gold Miners ETF (GDX)
• Market Vectors Junior Gold Miners ETF (GDXJ)

The Democrats Now Look Like The Fiscally Responsible Party

The Republicans have now succeeded in doing something that you would have thought was impossible. They are making the Democrats look like the fiscally responsible party.